Requested from IC by K. Doering at 10:59 AM on
Oct 20, 2023.
Purpose: Transparency
Date of Coverage: 10/20/2023 - 10/20/2023
Tracking no: #IC-250622993372
Doering 10:59 AM, Oct 20, 2023
Good day!
I must admit that your response is shocking to me. While I understand that you are just a regulating body on the financial aspect, you should be worried about seeing insurances losing money, I believe I have seen a downtrend in recent years. This would indicate that people are becoming sicker and should be an alarm signal for the government to check. Your commission is on the frontline to identify this kind of trend and advise the government accordingly.
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Doering 11:01 AM, Oct 20, 2023
----> I guess you already heard about HMOs abroad that do not insure a certain class (vaccinated) people any longer because of their higher risk of claiming benefits. Do you see a similar trend in the Philippines?
It would be great if you could be more proactive in your approach for the Filipino people. Step up from simply gathering data and issuing fines. It is high time that you use the data on hand to advise the government on measures to improve the health of everybody. God bless
Ignacio 10:48 AM, Oct 23, 2023
October 23, 2023
Dear Mr. Doering,
Thank you for your request dated Oct 20, 2023 under Executive Order No. 2 (s. 2016) on Freedom of Information in the Executive Branch, for information on HMO losses.
We received your request on Oct 20, 2023 and will respond on or before Nov 15, 2023 10:59:10 AM, in accordance with the Executive Order's implementing rules and regulations.
Should you have any questions regarding your request, kindly contact me using the reply function on the eFOI portal at https://pcoomaster10032017130000-dot-efoi-ph.appspot.com/requests/aglzfmVmb2ktcGhyHAsSB0NvbnRlbnQiD0lDLTI1MDYyMjk5MzM3Mgw, for request with ticket number #IC-250622993372.
Thank you.
Respectfully,
Edmar Ignacio
FOI Officer
Vinzon 10:02 AM, Nov 06, 2023
November 6, 2023
Dear Mr. Doering,
Greetings!
Thank you for your request dated Oct 20, 2023 10:59:10 AM under Executive Order No. 2 (s. 2016) on Freedom of Information in the Executive Branch.
Your Request
You asked for information on HMO losses.
Response to Request
In relation to your request, please be informed that our Health Maintenance Organizations Division (HMO) Division's mandate is to examine the financial condition of HMOs and monitor their compliance with the following regulatory requirements set forth by the Insurance Commission: (1) Net Worth, (2) Acid-Test Ratio, and (3) Risk-based Capitalization. Thus, your query does not cover by the said Division.
For further inquiries, you may contact our HMO Division at 8523 8461 local 156.
If you are unhappy with this response to your FOI request, you may ask us to carry out an internal review of the response by email at icrecords-foi@insurance.gov.ph. Your review request should explain why you are dissatisfied with this response, and should be made within 15 calendar days from the date when you received this letter. We will complete the review and tell you the result within 30 calendar days from the date when we receive your review request.
If you are not satisfied with the result of the review, you then have the right to appeal to the Office of the President under Administrative Order No. 22 (s. 2011).
The quality of services you deserve matter to us. To help the Insurance Commission monitor the progress in improving its services, we appreciate accomplishing the Customer Satisfaction Surveys (CSS) through the following link: https://bit.ly/ICCustomerSatisfactionSurvey
Thank you.
Respectfully,
Atty. Albert Lawrence Vinzon
FOI Decision Maker
Doering 02:25 PM, Nov 06, 2023
Thanks for your reply, but based on your information your commission should be abolished. If you are not reacting to signals or at least alarm other agencies of any potential damages in the Filipino population you are simply an accounting agency that consumes tax money for no reason.
I pray that your conscience will finally kick it.
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